$3,500,000
Listed at $3,820,0005 bd•3.5 ba•3,320 sq ft
8351 Se 31st Street, Mercer Island, WA 98040
• Listed 2025-09-17
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Based on information submitted to the MLS GRID as of January 10, 2026 at 04:03am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Summerwell, MI’s premier community, where homes are rarely available. This private enclave features 16 custom-crafted luxury residences, each uniquely envisioned to harmonize contemporary architecture w/surrounding natural landscape. Overlooking a serene koi pond, this home embodies modern elegance through clean lines, open layouts, lofty ceilings & premium finishes. The flexible floor plan suits a variety of needs, featuring 2BR,2BA on main floor & 3BR,2BA upstairs. The gourmet kitchen boasts Miele appliances & Poggenpohl cabinetry. A covered outdoor space w/heater & fireplace. Additional highlights include an EV charger, built-in speakers, Hunter Douglas blinds & a Lutron lighting system. Enjoy neighborhood park & ULB Trail across street.
Listed by Ling Drost • We Lakeside
Listing updated: January 10, 2026 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2424026
$2,268,000
-$1,232,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.86M and $2.82M.
Rental earnings
$6,800/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$2,820,000Last sold price
8426 Se 37th Street, Mercer Island, WA 98040

$1,857,500Last sold price
3706 84th Avenue Se, Mercer Island, WA 98040
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
Neighborhood mobility
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Daniel Sessoms · COMPASS

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Diane Tien · Realogics Sotheby's Int'l Rlty

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Michael Orbino · COMPASS

$4,600,000
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Petra Varney · Windermere Mercer Island

$4,250,000
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Sarah Ford · Coldwell Banker Bain

$3,147,000
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Daniel Sessoms · COMPASS

$3,799,000
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Diane Tien · Realogics Sotheby's Int'l Rlty

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Tony Ogden · Coldwell Banker Danforth

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Michael Orbino · COMPASS

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Tere Foster · COMPASS

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Petra Varney · Windermere Mercer Island
Mercer Island is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 8 days.
$4,350,000 Sold
1 week ago
5 bd•5.25 ba•~5,028 sq ft•Single Family
4216 83rd Avenue Se, Mercer Island, WA 98040
5%
Under list
—
Days on market
0.8 mi
Distance
$4,350,000 Sold
3 months ago
5 bd•3.5 ba•~4,310 sq ft•Single Family
8371 Se 31st Street, Mercer Island, WA 98040
3%
Under list
—
Days on market
0.1 mi
Distance
$3,700,000 Sold
3 months ago
4 bd•4 ba•~4,863 sq ft•Single Family
8260 Se 31st Street, Mercer Island, WA 98040
7%
Under list
—
Days on market
0.1 mi
Distance
$3,399,999 Sold
3 months ago
4 bd•3.75 ba•~4,100 sq ft•Single Family
6518 Se 28th Street, Mercer Island, WA 98040
0%
Over list
—
Days on market
1.0 mi
Distance
$2,550,000 Sold
3 months ago
4 bd•2.25 ba•~3,580 sq ft•Single Family
2800 68th Avenue Se, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
Mercer Island School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.